Tuesday Evening Links

[CNBC] Stock futures are little changed as Wall Street awaits another April inflation report: Live updates

[Reuters] US credit markets defy war risks as cash drives rally

[AP] Trump and Hegseth claim ‘control’ over Iran and the Strait of Hormuz as ceasefire talks are stalled

[Yahoo/Bloomberg] Lawmakers Query Iran War Cost as Trump Renews Destruction Threat

[Axios] Iran war energy shock squeezes U.S. paychecks

[Reuters] Stung by Iran war, Trump heads to China in need of wins

[Reuters] Private credit funds slash loan values as borrower stress rises 

[Yahoo/Bloomberg] Anthropic In Talks to Raise $30 Billion at $900 Billion Valuation

[Yahoo/Bloomberg] Altman Testifies About ‘Hair-Raising’ OpenAI Chat With Musk

[Reuters] ECB's Nagel sees rate hikes increasingly likely: Handelsblatt

[AP] Trump’s proposed ‘Golden Dome’ estimated to cost $1.2 trillion, far more than he initially said

[NYT] What the Bond Markets Are Saying About Britain’s Politics and Economy

[NYT] Inflation Accelerates After Weeks of War in Iran

[NYT] Tomato Prices Soar as War, Tariffs and Weather Affect a Popular Crop

[WSJ] Jerome Powell’s Inflation Legacy for Kevin Warsh

[FT] US inflation jumps to 3.8% as Donald Trump’s Iran war sends petrol prices soaring

[FT] The Iran war dilemma for central bankers

[FT] Blue Owl retail fundraising evaporates amid private credit concerns